Operating a behavioral health company can be challenging for newcomers to the industry and veteran businesses alike. However, dealing with billing and insurance companies doesn’t have to be so difficult for behavioral health businesses. Finding a consulting service that can provide qualified in-house billing implementation services can offer peace of mind. At RevWerx, we understand…
If you run a healthcare practice, remaining financially viable should be a top priority. An economically sound practice will allow you to provide your patients with the best possible care and treatment and invest in future growth. A significant contribution to the financial health of practices today is implementing revenue cycle management (RCM). Revenue cycle…
An upcoming internal financial audit can make even the most experienced provider a little bit nervous. You want to be properly prepared for it, of course, and although an outside perspective can quell those fears, it can be nerve-wracking to have someone new come to take stock of your processes. The reality, however, is that…
Balancing high-quality care for your patients while still operating your organization with proper efficiency and economic oversight can be a difficult task for many. In the racetrack that the healthcare industry has become, hospitals and other healthcare practices must stay nimble to ensure that quality care and financial stability remain hand-in-hand. Utilization management in healthcare…
Healthcare facilities, regardless of their specialization, are a necessary component of a community. It’s vital that these facilities work at maximum efficiency, keeping track of innumerable moving parts to ensure that clients have access to necessary treatment and care. This is precisely why many organizations are counting on an outside perspective in the form of…
Every behavioral healthcare facility makes crucial decisions regarding how to best care for its clients each day. These choices can drastically impact how a practice operates, how patients feel about their choice of provider, and how smoothly revenue flows within a company. One of the most significant decisions made is whether or not to outsource…
Revenue cycle management (RCM) is of growing importance to many healthcare companies. Without this type of service, organizations have to manage the reimbursement process on their own. Sometimes, organizations have no idea what is not working or if they are losing money. Our consulting services at RevWerx can offer the insights you need to see…
